For many going through a divorce in Texas, it seems like no decision goes the right way. Naturally, you would hope to be able to keep as much money and as many assets as possible to take into your new life, but the sad fact is that community property will likely be...
Alimony
Talk show host will pay $1.5 million in alimony
For some people, celebrities are like their own family. Fans follow the news for details about their careers, their wealth and their love lives. The latest headlines regarding a celebrity tell of a seemingly outrageous divorce settlement that may leave many shaking...
Alimony guidelines protect spouses who have few resources
Spousal support laws are changing rapidly throughout the country, although in some states, those supporting a former spouse may think the laws do not change fast enough. Nevertheless, Texas courts strive to determine fair amounts of alimony if such support is needed....
Lump sum alimony has advantages over monthly payments
In Texas and many other states, spousal support is not a given when a couple divorces. In fact, in many courts, the assumption is that no alimony will be awarded. However, financial advisors recognize that often, particularly for women over 50, alimony is the...
Alimony: one of many factors considered in Texas divorce
When people get married, it is a wonderful, joyous time, and they usually plan to remain married for life. In reality, many Texas marriages fail or do not even make it past the honeymoon stage. With divorce comes a variety of factors that will arise, such as alimony....
Alimony in Texas: understanding standard of living
Whether Texas spouses are living a lavish or more middle class lifestyle, their standard of living may come into play when divorce proceedings commence. Essentially, one's standard of living may be taken into consideration when a court determines the amount of spousal...
The impact of alimony on taxes in Texas
Diving headfirst into a divorce without knowing the first thing about it is a pretty scary thing. When it comes to alimony, it can be the epitome of scary to some spouses while other spouses can't wait for the payday. In some Texas cases, alimony may not be an issue...
How is alimony awarded in Texas?
Because it is not always easy to obtain, many Texas residents might wonder if spousal maintenance is available. The short answer is that spousal support, also commonly referred to as alimony, is available for residents who meet the statutory requirements. Below are...
Determining alimony in a Texas divorce
In many marriages, one spouse tends to earn more money. Therefore, if the marriage ends up in divorce, one party could be at a disadvantage economically. To help put things on a more even-handed level, Texas law allows for the awarding of alimony to a spouse if a need...
There are two ways to obtain alimony in Texas
If you are divorcing in Texas, it's very important that you understand the state's alimony laws. Texas' laws are unique. Spouses who married in other states or who lived in other states for some time before moving to Texas may not be familiar with the laws.Alimony is...